Halim, Sharon Nicole (2024) The influence of profitability towards firm value. Bachelor thesis, Universitas Pelita Harapan.
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Abstract
Every company must have the same main goal, which is increasing firm value. The
higher the firm value, it can indicate that the welfare of shareholders has been
achieved. Therefore, the purpose of this study is to determine the influence of
profitability as measured using the Return on Asset (ROA) ratio on firm value as
measured using Tobin's Q using 4 control variables, there are leverage, liquidity,
company size and sales growth. This research uses a quantitative approach and
sampling in this study using purposive sampling method using 30 companies in the
consumer non-cyclicals sector in 2014-2023 listed on the Indonesia Stock
Exchange, so that in this study a sample of 300 was obtained. Because there are
extreme values, the researchers conducted treatment so that a sample of 227 was
obtained in this study, the data analysis method used in this study is multiple linear
regression analysis using the IBM SPSS Statistics 23 application. Based on the
results of this study, it can be concluded that profitability has a positive influence
towards firm value and this can help management and stakeholders in creating
financial and operational strategies that support profitability to maximize the
company's value in the market./ Setiap perusahaan pasti memiliki tujuan utama yang sama yaitu meningkatkan nilai
perusahaan. Semakin tinggi suatu nilai perusahaan, maka dapat mengindikasikan
bahwa telah tercapainya kesejahteraan bagi para pemegang saham. Oleh karena
itu, tujuan dari penelitian ini yaitu untuk mengetahui pengaruh profitabilitas yang
diukur dengan menggunakan rasio Return on Asset (ROA) terhadap nilai
perusahaan yang diukur dengan menggunakan Tobin’s Q dengan menggunakan 4
variabel kontrol, yaitu leverage, likuiditas, ukuran perusahaan dan sales growth.
Jenis penelitian ini menggunakan jenis penelitian kuantitatif dan pengambilan
sampel pada penelitian ini menggunakan metode purposive sampling dengan
menggunakan 30 perusahaan pada sektor consumer non-cyclicals pada tahun
2014-2023 yang terdaftar di Bursa Efek Indonesia, sehingga pada penelitian ini
diperoleh sampel sebanyak 300. Karena terdapat nilai yang ekstrim, maka peneliti
melakukan treatment sehingga diperoleh sampel sebanyak 227 pada penelitian ini,
Metode analisis data yang digunakan pada penelitian ini yaitu dengan analisis
regresi linier berganda dengan menggunakan aplikasi IBM SPSS Statistics 23.
Berdasarkan hasil penelitian ini, dapat disimpulkan bahwa profitabilitas
berpengaruh positif terhadap nilai perusahaan dan hal ini dapat membantu
manajemen dan pemangku kepentingan dalam membuat strategi keuangan dan
operasional yang mendukung profitabilitas guna memaksimalkan nilai perusahaan di pasar.
Item Type: | Thesis (Bachelor) |
---|---|
Creators: | Creators NIM Email ORCID Halim, Sharon Nicole NIM03012210012 ronhalim07@gmail.com UNSPECIFIED |
Contributors: | Contribution Contributors NIDN/NIDK Email Thesis advisor Sitompul, Thomson NIDN0304019301 thomson.sitompul@uph.edu |
Uncontrolled Keywords: | Profitability; firm value; liquidity; sales growth; consumer non-cyclicals |
Subjects: | H Social Sciences > HF Commerce > HF5601 Accounting |
Divisions: | University Subject > Current > Faculty/School - UPH Medan > Business School > Accounting Current > Faculty/School - UPH Medan > Business School > Accounting |
Depositing User: | Sharon Nicole Halim |
Date Deposited: | 14 Apr 2025 09:37 |
Last Modified: | 14 Apr 2025 09:37 |
URI: | http://repository.uph.edu/id/eprint/68101 |